Bitcoin


The short-term momentum appears cautiously optimistic, as bitcoin has begun recovering from a recent drawdown. Price action across bitcoin‘s daily chart reveals a fall from the $124,517 region down to a local bottom near $107,270, followed by a modest bullish reversal. The presence of a falling wedge pattern and bullish engulfing candles near the base suggests that this rebound may have structural support. Key resistance is observed in the $113,500 to $114,000 range, while immediate support rests near $107,000. Any pullback into the $110,000–$111,000 zone may offer a tactical entry point, particularly if accompanied by declining volume, signaling a potential setup for a reattempt at higher resistance levels. #Double Rewards With GUSD# #My Top AI Coin# #Fed Rate Cut Expectations# #Stablecoin Regulation And Growth# #Which Sectors Are You Watching in 2025?#
BTC0.85%
GUSD-0.02%
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